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E-Malt.com Flash 07a
February 11 - February 13, 2008
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Currency Rates
Base Currency: Euro, EUR
on 13-February-2008

1 EUR = 1.4538 USD
1 EUR = 0.7443 GBP
1 EUR = 1.455 CAD
1 EUR = 1.6072 AUD
1 EUR = 155.675 JPY
1 EUR = 2.5522 BRL
1 EUR = 35.8396 RUB
1 EUR = 10.4675 CNY
Base Currency: US Dollar
on 13-February-2008

1 USD = 0.6879 EUR
1 USD = 0.512 GBP
1 USD = 1.0008 CAD
1 USD = 1.1055 AUD
1 USD = 107.081 JPY
1 USD = 1.7555 BRL
1 USD = 24.652 RUB
1 USD = 7.2 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change trend
February 13, 2008
Crop 2007 Crop 2008
2rs Barley €306.0-308.0 1.60% 2rs Barley €295.0-297.0 1.33%
6rw Barley €263.0-265.0 1.49% 6rw Barley €252.0-254.0 1.94%
2rs Malt €565.0-567.0 1.14% 2rs Malt €540.5-542.5 0.91%
6rw Malt €511.5-513.5 0.87% 6rw Malt €486.5-488.5 1.32%

Note: Just click on the price link and you will be led to our Market Price History. Average barley market prices are French and are estimated on FOB Creil basis. Average Malt Prices are theoretical and based FOB Antwerp being estimated on French malting barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.


Top Industry News

USA & Canada: Molson Coors reports increased net sales and income for fourth quarter and full year 2007 ...Click here
UK: Scottish & Newcastle to close largest UK brewery by early 2010 ...Click here
Poland: Kompania Piwowarska beer sales up 13.6% in 2007 ...Click here
UK: Carlsberg launches loans syndication of 2.567 billion pounds to back S&N acquisition ...Click here
Angola: Portugal’s Unicer plans to build a beer factory in Angola ...Click here
Netherlands: Royal Grolsch 2007 net profit up 4% y/y ...Click here
Europe: Malt export licence bookings higher than a year ago ...Click here
France: Government lowers forecasts for 2008/09 barley sowings ...Click here
Europe: EU executive sees larger barley harvest in 2008 ...Click here
Australia: Barley crop result much better than expected ...Click here
Canada: Anheuser-Busch uses Canada malting barley contract ...Click here




Belgium: InBev announces results of AmBev tender offer for Quinsa shares ...More Info
India: Heineken may have to merge Asia Pacific Breweries with Mallya's United Breweries ...More Info
Germany: Czech Pilsen Urquell was the most popular premium beer in Germany in 2007 ...More Info
Netherlands: Heineken rises 5.5 % after Cazenove says cost concerns are “overdone” ...More Info
UK: CAMRA calls 1p cut in beer duty to get drinkers back in pubs ...More Info
USA: Anheuser-Busch launches a lime-infused version of Bud Light to revitalize sales ...More Info
Finland: Raisio posts a modest profit as it battled to limit the impact of sharp rise in grain prices ...More Info
Canada: Opinions divided over 2008 barley acreage ...More Info
Russia: 2007 barley crop lower, imports pick up again ...More Info
Go to our news database with more than 12163 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

USA & Canada: Molson Coors reports increased net sales and income for fourth quarter and full year 2007
Molson Coors Brewing Company reported net sales growth and increased income for the fiscal fourth quarter and full year ending December 30, 2007, in ...More Info

UK: Scottish & Newcastle to close largest UK brewery by early 2010
Scottish & Newcastle has announced its intention to close its Berkshire Brewery operations, on the outskirts of Reading, by early 2010, in a press ...More Info

Poland: Kompania Piwowarska beer sales up 13.6% in 2007

In 2007 the domestic sales of Kompania Piwowarska (KP), the largest brewery in Poland, exceeded 14.1m hl of beer, reflecting a 13.6% increase in comparison with 2006, Polish market reported February 12.

The highest growth rate was witnessed in the first six months of the year, when sales volume increased by 21% year on year. For the year as a whole the company increased its share of the domestic market by approximately 2 p.p., to 40%.

Interestingly, export sales volume increased much more significantly, by 67% to more than 304,000 hl, and Kompania Piwowarska therefore became the leading exporter of Polish beer. The most important foreign markets for the company were: the UK, Germany, Ireland, Canada and the USA.

According to the general director of KP, Dieter Schulze, in 2008 sales of beer on the Polish market will increase but not as vigorously as they did in 2007. The main reason why the growth rate may slow is the comparatively unavoidable increases in beer prices, a result of the recent substantial rises in the prices of components and packaging.

The Association of Beer Industry Employers estimates that sales of beer in 2008 may grow by less than 5%.


UK: Carlsberg launches loans syndication of 2.567 billion pounds to back S&N acquisition
Danish beer giant Carlsberg has launched syndication of 2.567 billion pounds ($5.01 billion) of loans backing its joint-bid with Heineken for UK brewer Scottish ...More Info

Angola: Portugal’s Unicer plans to build a beer factory in Angola
Unicer Angola plans to build a factory to produce Super Bock beer in Angola, the company’s sales director said in Luanda, Macauhub reported February ...More Info

Netherlands: Royal Grolsch 2007 net profit up 4% y/y
Royal Grolsch NV reported full year 2007 net profit of 19.974 mil euro, up from 19.170 mil in 2006 in its final year as ...More Info

Malt News

Europe: Malt export licence bookings higher than a year ago
Malt export licence bookings in the EU-27 were 1,103 Mill. tons from July 1, 2007 till January 29, 2008, 30.000 tons more than a ...More Info

Barley News

France: Government lowers forecasts for 2008/09 barley sowings
The French farm ministry slightly lifted on its estimate of the country's area sown with winter soft wheat ahead of the 2008 harvest but ...More Info

Europe: EU executive sees larger barley harvest in 2008
The European Union should see its cereals harvest rise by 10.3 percent in 2008, based on increased plantings and a projected upward trend in ...More Info

Australia: Barley crop result much better than expected
The barley crop result is much better than officially and privately forecast in December, estimates from 5.6 to 6.3 Mill. tons, according to analysts, ...More Info

Canada: Anheuser-Busch uses Canada malting barley contract
U.S. brewer Anheuser-Busch Cos Inc has offered a new 2008 malting barley contract spurned by Canadian maltsters and grain companies, according to Reuters, February ...More Info
Scientific Digest

Effect of spring barley protection on the production of Fusarium spp. mycotoxins in grain and malt using fungicides in field trials

M. Váňová1, J. Hajšlová(2), P. Havlová(3), P. Matušinsky(1), K. Lancová(2), D. Spitzerová(1)
(1) Agricultural Research Institute Kroměříž, Ltd., Czech Republic (2) Institute of Chemical Technology, Prague, Czech Republic (3) Research Institute of Brewing and Malting, Brno, Czech Republic

Abstract
The effects of different fungicides in four-year trials with a susceptible variety of spring barley, which was grown in field conditions with two previous crops (sugar beet and corn) and artificially inoculated with spores of Fusarium, were investigated. Field trials were laid down in plots of the Agricultural Research Institute Kroměříž, Ltd. (235 m above sea level, average annual temperature 8.7°C, annual precipitation sum 599 mm) in 2000–2003. The variety Kompakt, which was very sensitive to Fusarium head blight (FHB) in other trials, was used in all the trials examined. Incidence and severity of FHB and control with fungicides were measured by deoxynivalenol (DON) contamination of grain and malt. The content of Fusarium trichothecenes was evaluated in one fraction of kernels (diameter 2.5 mm) which is used in malting technology process. In 2000 and 2001, the treatments without adjuvants were applied. In the following two years, Silwet L-77 adjuvant (0.1 l/ha) was used with different rates of water (250 and 150 l/ha in 2002 and 2003, respectively). In all years, DON content increased in most cases a��er the grain samples were malted. The conditions of high grain moisture, moderate temperature and high relative humidity provide an ideal environment for Fusarium growth during germination. The greatest reduction of mycotoxins was achieved using a combination of azole fungicides with tebuconazole or metconazole or a mixture of metconazole + famoxadone + flusilazole with the addition of Silwet L-77 and a low rate of water.
... Load full article, 9 pages, 618 Kb, PDF file

Malting barley prices.

Prices for Danish malting barley are available
on site www.e-malt.com/MarketPrices

Theoretical malt prices

Theoretical malt prices (Crop 2007, Crop 2008).


NB: Prices published are theoretical malt prices including financial cost, THC (for bulk and bags container) and all administrative costs. This prices may fluctuate according to the quantity per delivery and technical specifications.

* - 70/30 = 70% Average two Rows Spring and 30% Six Rows Winter
** - 50/50 = 50% Average two Rows Spring and 50% Six Rows Winter

Prices Evolution

French Malting Barley Price Evolution, Crop 2007

Source: E-malt.com

Table of the week
EU Malt Export Licence Fixations
Table of the week. Make it clear - Membership for one year is 169 EUR.
Graph Of The Week


Source: Agriculture and Agri-Food Canada

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